India and the European Union: Dim Prospects

India derived many of its early political and economic vision from Europe and the U.K. in particular. By drawing closer to Europe, particularly France and Germany, India seemed to be hedging its bets a bit. India keenly looked forward to the emergence of the European Union, but India’s government also soon realized that the EU counted for very little where it mattered. Like many other countries, India too has begun to deftly shift its bets elsewhere. What does and what can India expect from a loosely governed, economically slowing, demographically aging and contracting, and professionally unattractive Europe?